Comment on Classifying Your Market Activity

Nithin Kamath commented on 15 Aug 2015, 05:02 AM

Karthik, what do you mean by last year. If you are talking April 2014 to March 2015, then yes of course you can declare those losses when filing returns this year. But if you are talking April 2013 to March 2015, you can still file late returns, but you won’t be able to carry forward the loss. April 2015 onwards, you need to file returns only by next september. If you are trading at Zerodha, go to tax P&L, has everything you need. Do check out the other chapters, has everything you need to know about filing returns.

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